Market Update: China’s Industrial Profits Slow for Sixth Month – is it the Trade War Effect?
Arslan Butt • 1 min read
What’s up, traders.
According to the National Bureau of Statistics (NBS), China Industrial profits soared 3.6% in October from a year earlier to 548 billion yuan ($78.92 billion), a 7-month low and a slowing from September’s 4.1% gain. The cooldown is surely due to the trade war…